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JP Morgan's once-hot Highbridge goes cold
The Wall Street Journal
03 Dec 2008
03 Dec 2008
 |
Thursday
08 January 2009
00:34 GMT
Highbridge Capital Management helped its owner, JP Morgan Chase & Co., become one of the biggest hedge-fund managers in the world. But like many prized assets roiled by this year's markets, Highbridge has shrunk considerably, and now many investors want out.
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| • | Highbridge Capital cuts 10% of workforce 28 Oct 2008 |
| • | JP Morgan increases allocations to alternative investments 18 Aug 2008 |
| • | Hedge fund managers land in the bargain bin 07 Apr 2008 |
| • | Highbridge manager retires on a high 19 Dec 2007 |